Dollar little changed after inflation data

WanfengZhou

NEW YORK (MarketWatch) - The dollar was flat versus major currencies early Tuesday, registering little reaction to a government report that showed U.S. core consumer inflation matched an 11-year high in June. The Commerce Department said the core personal consumption expenditure price index (excluding food and energy) increased 0.2% for the third straight month in June, and has risen 2.4% in the past 12 months, matching the largest year-over-year gain since April 1995. Personal incomes rose 0.6% in June, outpacing the 0.4% increase in consumer spending. The personal savings rate rose to negative 1.5% from negative 1.6%. The euro traded down 0.1% at $1.2757, while the dollar was up 0.1% at 114.72 yen.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.